Modifies the funding formula used to determine minimum state funding allocations to parish councils on aging and increases the minimum aggregate total that is to be appropriated annually to the office of elderly affairs for such allocations (EN +$3,524,736 GF EX See Note)
Requires school systems to provide a salary increase for teachers and other school employees using savings attributable to the state's payment of certain unfunded accrued liability of the Teachers' Retirement System of Louisiana (EN INCREASE GF EX See Note)
Increases the population limitation of municipalities for purposes of eligibility for a waiver of the matching funds requirement for capital outlay projects (EN DECREASE LF EX See Note)
Postpones the termination of a tax credit for C-corporations for local inventory taxes paid but reduces the amount of the credit for those taxpayers (EG1 -$130,000,000 SD RV See Note)
Increases the tax levied on smokeless tobacco and dedicates a portion of avails of the tax into the Youth Cessation and Prevention Fund (OR +$8,900,000 GF RV See Note)